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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Crypto – European Wrap 7 April

FXStreet Team FXStreet

Crypto Today: BTC, ETH, and XRP lead $1.4B capitulation on Black Monday as FTX denies $2.5B claims

Cryptocurrencies nosedived over the weekend, shedding over $300 billion since Friday. What some traders on social media are terming crypto’s Black Monday, losses come after an initial positive decoupling on Thursday, when US stocks crashed after China announced 34% retaliatory tariffs.

Bitcoin Price Forecast: BTC hits new yearly low below $75,000 as global trade war escalates

Bitcoin (BTC) recovers part of the initial losses and trades around $76,000 at the time of writing on Monday after reaching a new yearly low of $74,508 during the Asian trading session. However, BTC extends its fall on a daily basis after correcting near 5% the previous week. The global trade war escalated, wiping out 452,976 leveraged traders and causing a total liquidation of $1.39 billion from crypto markets in the last 24 hours. Moreover, the US institutional demand has weakened as it recorded a net outflow of $172.69 million from its spot Exchange Traded Funds (ETFs) last week.

The crypto market slides down

The crypto market capitalisation took a corkscrew turn over the weekend, falling to $2.35 trillion, a low since mid-2024 and a loss of 11.5% in 24 hours. The market has pulled back to levels seen in early November last year when Trump's victory triggered a break of resistance. At these levels, the market looks emotionally oversold, which increases the chances of a bounce. However, for a rebound to be a reversal, fundamental changes are required, and these are not yet in place.

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Pi Network Price Forecast: Core team offloads supply, weighing on PI recovery

Pi Network hovers below $0.1700, broadly steady at press time on Monday, attempting a recovery after a 2% loss the previous day. Sunday’s decline aligned with nearly 49 million PI tokens offloaded by the Pi Foundation, implying a spike in supply pressure that capped the prevailing four-day recovery.

Cosmos Hub Price Forecast: ATOM under pressure as bearish momentum accelerates

Cosmos Hub steadies near $1.82 at the time of writing on Monday, following a 20% decline the previous week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

Meme coins are hovering around key support zones at the start of this week on Monday, after extending losses in the previous week. Dogecoin (DOGE) signals a neutral near-term bias with a slight bearish tilt.

Solana Price Forecast: SOL consolidates amid rising Middle East tensions

Solana (SOL) trades around $84 at press time on Monday, coiling further within a consolidation range that keeps the momentum trapped. Institutional interest in Solana resurfaced last week, with inflows of over $44 million capping downside pressure.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.